Greencoat Capital launches new private market fund
Greencoat Capital has launched a new closed-ended private markets fund, Greencoat Renewable Income LP (GRI) and has secured GBP277 million (US$360.11 million) of commitments from leading UK pension investors Brunel and SAUL.
GRI offers institutional investors the opportunity to invest, through one vehicle, in a diversified portfolio of UK renewable infrastructure assets delivering predictable sterling cashflows with significant inflation protection. Investments are expected to focus on solar, wind and bioenergy, with selected other green infrastructure opportunities such as renewable heat.
The fund has allocated around GBP130 million (US$169 million) of capital to three investments to date: a share of the Templeborough Biomass Power Plant, a 40 MW operating waste wood biomass plant in Rotherham; a share of two of the largest low carbon greenhouses in the UK – currently in construction; and a commitment to Greencoat Solar II LP, the UK’s largest private markets solar fund which itself now has investor commitments of over GBP1 billion (US$1.3 billion).
Country updates
-
-
February 13, 2020
Supplier day announcement for A465 MIM road project in Wales
Transport for Wales in partnership with the Welsh Government, invites expressions of interest from suitably qualified and experienced economic operators to provide a wide range of authority site repre...
Read more -
February 11, 2020
Open consultation launched for heat network policy in UK
Department for business, energy and industrial strategy in the UK has launched an open consultation seeking views on policy options for regulating heat networks to protect consumers and ensure fair pr...
Read more -
February 11, 2020
First close achieved for Whitehelm Capital Infrastructure Debt Partners I fund
Whitehelm Capital Infrastructure Debt Partners I fund has achieved it's first close and raised the targeted amount of EUR 500 million (US$ 546.12 million). The fund is managed by Whitehelm Capital and...
Read more -
February 10, 2020
DIF Capital Partners sells portfolio of UK PPP assets
DIF Infrastructure III (DIF III) and DIF Infrastructure IV (DIF IV) announced the sale of their stakes in a portfolio of eight UK PPP assets to Equitix, a UK-based infrastructure fund manager. The po...
Read more -
February 07, 2020
National Infrastructure Commission of UK launches design principles for Infrastructure
National Infrastructure Commission in the UK has launched the guidelines for design principles for National Infrastructure. The document is developed by the Commission’s Design Group i...
Read more
